340 Plains Road Unit 304, Burlington

Price: $505,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13475508

Welcome to 340 Plains Road unit 304 a lovingly care for and elegantly styled open concept studio unit boasting over 700 sq ft. Here you will find an oversized kitchen with large island (includes upgraded lighting) and stone countertops accompanied by upgraded cabinetry with plenty of storage space. Included also are quality stainless-steel appliances that have been well cared for. Perfectly sized family room with beautiful views of the outdoors through the sliding glass doors & balcony. Master bedroom provided large window and double door closet. Main 4pc bath included tub and shower with glass door along with upgraded cabinetry. Enjoy the den as an office, nursery, cozy reading space or dressing/fitting room. This complete unit is finished with luxury vinyl plank flooring along with neutral decor throughout. Included also with this unit is a preferred parking spot located right across from the elevator and stairs for convenience and well as security camera view and away from the busier center of the parking garage. Building amenities include electric car charging stations, bike storage, party & meeting room, fitness centre, rooftop patio with bbq and plenty of visitor parking. Conveniently located close to Aldershot Go station, shopping, Golf course, water front parks and trails.

340 Plains Road Unit 304 - Condo photo 1 of 26 in Burlington, Ontario
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$505,000 - 340 Plains Road Unit 304, Burlington

Condo for Sale in Burlington

Neighbourhood: LaSalle

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13475508
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
NEW WORLD 2000 REALTY INC.
Description

Welcome to 340 Plains Road unit 304 a lovingly care for and elegantly styled open concept studio unit boasting over 700 sq ft. Here you will find an oversized kitchen with large island (includes upgraded lighting) and stone countertops accompanied by upgraded cabinetry with plenty of storage space. Included also are quality stainless-steel appliances that have been well cared for. Perfectly sized family room with beautiful views of the outdoors through the sliding glass doors & balcony. Master bedroom provided large window and double door closet. Main 4pc bath included tub and shower with glass door along with upgraded cabinetry. Enjoy the den as an office, nursery, cozy reading space or dressing/fitting room. This complete unit is finished with luxury vinyl plank flooring along with neutral decor throughout. Included also with this unit is a preferred parking spot located right across from the elevator and stairs for convenience and well as security camera view and away from the busier center of the parking garage. Building amenities include electric car charging stations, bike storage, party & meeting room, fitness centre, rooftop patio with bbq and plenty of visitor parking. Conveniently located close to Aldershot Go station, shopping, Golf course, water front parks and trails.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,590.91/mo

Includes CMHC insurance ($14,090)

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5-yr fixed avg.

Principal: $454,500Interest: $308,684
Mortgage Amount$468,590
Total Interest$308,684
Est. Property Tax$358/mo
Total Cost$777,274

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: LaSalle

Discover LaSalle

LaSalle is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in LaSalle

  • Convenient location in Burlington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

LaSalle offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

340 Plains Road Unit 304, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$358
Insurance (est.)-$105
Net Cash Flow+$882

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $721/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Burlington Lifestyle

Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

About LaSalle

I know LaSalle well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    340 Plains Road Unit 304, Burlington | $505,000 | Battaglia Team